Tanalys

EUR/USD Intraday: bullish bias above 1.1315.

Pivot: 1.1315

Our preference: Long positions above 1.1315 with targets @ 1.1405 1.1425 in extension.

Alternative scenario: Below 1.1315 look for further downside with 1.1265 1.1225 as targets.

Comment: A support base at 1.1315 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

1.1455 **

1.1425 *

1.1405 **

1.134 Last

1.1315 ***

1.1265 **

1.1225 *

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